Wellington Management Group LLP Lowers Stock Holdings in Omega Healthcare Investors, Inc. $OHI

Wellington Management Group LLP lowered its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 40.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 164,177 shares of the real estate investment trust’s stock after selling 111,851 shares during the quarter. Wellington Management Group LLP’s holdings in Omega Healthcare Investors were worth $7,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OHI. Resources Management Corp CT ADV increased its position in shares of Omega Healthcare Investors by 300.0% during the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 450 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 268 shares during the last quarter. Ascentis Independent Advisors bought a new stake in Omega Healthcare Investors in the 1st quarter worth approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Omega Healthcare Investors in the fourth quarter worth approximately $37,000. Finally, Rothschild Investment LLC grew its position in Omega Healthcare Investors by 283.7% during the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 698 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on OHI shares. UBS Group set a $47.00 price target on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Wells Fargo & Company reduced their target price on shares of Omega Healthcare Investors from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Mizuho boosted their price target on shares of Omega Healthcare Investors from $45.00 to $46.00 and gave the stock a “neutral” rating in a research note on Monday, August 31st. Finally, Truist Financial cut their price target on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $49.50.

Omega Healthcare Investors Price Performance

Shares of Omega Healthcare Investors stock opened at $47.04 on Wednesday. Omega Healthcare Investors, Inc. has a one year low of $39.26 and a one year high of $52.39. The business’s 50 day simple moving average is $48.26 and its two-hundred day simple moving average is $47.08. The stock has a market capitalization of $14.25 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.88 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm had revenue of $328.25 million during the quarter, compared to analyst estimates of $266.97 million. During the same quarter in the prior year, the firm posted $0.77 earnings per share. The business’s quarterly revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Sell-side analysts expect that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a dividend of $0.68 per share. The ex-dividend date was Monday, August 3rd. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 97.14%.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.